{"id":18364,"date":"2013-10-21T03:35:33","date_gmt":"2013-10-21T02:35:33","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=18364"},"modified":"2013-10-21T03:35:33","modified_gmt":"2013-10-21T02:35:33","slug":"nnpc-refutes-product-importation-stoppage","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/nnpc-refutes-product-importation-stoppage\/","title":{"rendered":"NNPC REFUTES PRODUCT IMPORTATION STOPPAGE"},"content":{"rendered":"<p style=\"text-align: justify;\">The management of the Nigerian National Petroleum Corporation, NNPC, has refuted allegations that it has stopped the importation of petroleum products as is being reported in some national and international media.<\/p>\n<p>The Acting Group General Manager, Group Public Affairs Division of NNPC,\u00a0 Tumini E. Green made this known in a press statement.<\/p>\n<p>She stated that NNPC Premium Motor Spirit (petrol) supply in the system is in line with its approved quota for the national demand with a view to ensuring seamless supply as we approach the peak period in the last quarter of the year.\u00a0 The NNPC as supplier of last resort has responsibility for maintaining a robust strategic reserve with additional reasonable buffer in line with the nation\u2019s energy supply policy.<\/p>\n<p>Green maintained that the corporation&#8217;s PMS stock holding is in tandem with the approved PPPRA allocation to NNPC, while emphasizing that the stock level covers marine, inland and strategic stock.<\/p>\n<p>The NNPC Spokesperson Specifically stated that as at 17th October 2013, the marine stock offshore stands at 19 cargoes translating to 25.6 days\u2019 sufficiency, which is part of the National strategic reserve. Incidentally, the aggregate strategic reserve and buffer has been misrepresented in some media as marine stock lying offshore.<\/p>\n<p>Meanwhile, with a view to ensuring stable PMS supply during the end of the year festive period, she said NNPC has taken proactive measures to schedule its delivery laycans in order to guarantee steady fuel supply to the nation.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The management of the Nigerian National Petroleum Corporation, NNPC, has refuted allegations that it has stopped the importation of petroleum products as is being reported in some national and international&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":18365,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-18364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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